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The Adani Group is preparing to greatly increase its planned investments by the end of the fiscal year in March 2025. With a commitment to foster green and renewable energy initiatives, the conglomerate is poised to inject over ₹1.2 lakh crore (approximately $14 billion) across its diverse portfolio businesses.
Spanning sectors including energy, airports, commodities, cement, and media, the planned investments mark a 40% surge compared to the current fiscal year. By March 31 this year, the Adani Group is projected to have deployed a capex of around USD 10 billion, reinforcing its ambitious $100 billion investment target for the next 7-10 years.
A substantial portion of the ₹1.2 lakh crore investment is earmarked for green energy endeavors, encompassing renewable power, green hydrogen, and green evacuation projects. Meanwhile, the company aims to allocate a significant share of the remaining funds towards expanding its airports and ports businesses.
Anticipating substantial profit gains following the implementation of these planned investments, the Adani Group remains bullish on its growth trajectory.
In particular, the Group’s airport business is poised for substantial expansion, with a commitment to invest over ₹60,000 crore in the next 5-10 years. Karan Adani, MD of Adani Ports and Special Economic Zone Ltd, outlined the allocation of investments, with a focus on enhancing terminal and runway capacity, alongside city-side development initiatives.
Looking ahead, the Adani Group anticipates non-metro cities emerging as key aviation hubs, providing enhanced connectivity both domestically and internationally. With plans to double its airport capacity by 2040, the Group is poised to increase its overall passenger handling capacity to around 300 million passengers annually, marking a significant leap in India’s aviation infrastructure.
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